I'm trying to decide how I feel about the pending Detroit bailout. The only reason I can think of to support it is the cost of failure to individual workers and those people and business that support those workers. It's that proverbial house of cards, one card fails and the entire house comes down! On the other hand, if I don't (I'm taking responsibilty for all things our government does with the hope that if more people think of My countries problems in more personal terms We/I will give up the habit of blaming "those guys in Washington") provide the bailout funds then GM, Ford, and Chrysler will have to file bankruptcy and thereby be forced to realign themselves. I do not expect, however, that any of these guys will go beyond superficial changes and they will continue to make the same bad choices once they are no longer in the lime-light. It is for that reason that I am heavily leaning toward not giving them the money.
I have to think on this some more so all thoughts and opinions are welcome.
Wednesday, December 10, 2008
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